- Joined
- Jan 7, 2009
- Messages
- 10,205
Here’s a “True Story” from a newsletter in today’s email.
“Let me tell you a true story. Not long ago, a client in Colorado walked into a luxury retailer with $60,000 in his pocket, looking to buy a 3-carat F/VVS round brilliant diamond for his wife.
The salesman could smell that $60,000 sale, but margins on a 3-carat F/VVS with a GIA certificate were only 12%.
The client was holding a Rapaport price list, so he negotiated the price down. Then the salesman had an idea and turned around, pulling a different stone from the drawer.
“I’ll give you a great deal you can’t refuse,” he said. “I have a real LGD with an Antwerp IGI certificate showing this stone to be an F/IF.
I can offer it to you for $24,000, including a solitaire ring.”….. ( end of quote)
Excuse me but what a load of bull!!’
What really gets my goat is the unmitigated willingness to misinform people.
Exactly who’s paying $24k for a 3ct lab diamond????
And what a slimeball move for the salesperson!!
And how about a guy walking around with $60k AND a rap sheet in his pocket who wouldn’t know 3 ct lab diamonds can be had for a fraction of $24k????
The people interested in trying to rescue the natural diamond market are really getting desperate. Rearranging the deck chairs on the titanic.
“Let me tell you a true story. Not long ago, a client in Colorado walked into a luxury retailer with $60,000 in his pocket, looking to buy a 3-carat F/VVS round brilliant diamond for his wife.
The salesman could smell that $60,000 sale, but margins on a 3-carat F/VVS with a GIA certificate were only 12%.
The client was holding a Rapaport price list, so he negotiated the price down. Then the salesman had an idea and turned around, pulling a different stone from the drawer.
“I’ll give you a great deal you can’t refuse,” he said. “I have a real LGD with an Antwerp IGI certificate showing this stone to be an F/IF.
I can offer it to you for $24,000, including a solitaire ring.”….. ( end of quote)
Excuse me but what a load of bull!!’
What really gets my goat is the unmitigated willingness to misinform people.
Exactly who’s paying $24k for a 3ct lab diamond????
And what a slimeball move for the salesperson!!
And how about a guy walking around with $60k AND a rap sheet in his pocket who wouldn’t know 3 ct lab diamonds can be had for a fraction of $24k????
The people interested in trying to rescue the natural diamond market are really getting desperate. Rearranging the deck chairs on the titanic.
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